Thursday, March 19, 2009

Old Japanese Saying: Respect the candlesticks.

I am taking some profits in Gold...and will lighten up considerably. Short term, I think we are overbought, despite the Greenback. See Doji on the 30 minute below:



There is nothing that says we can't get back in...but I cringe when I hear Trish Regan says everybody wants a return on their money, so people are buying gold!

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